Terms & Conditions
Our Investment Handbook and Investment Tariff contain important provisions affecting your account. Please read them carefully and keep them for future reference.
Product availability This product is a limited issue and may be withdrawn without notice.
Minimum and maximum balance The minimum balance is £1. If you do not keep the minimum balance in it, your account will be closed. The maximum balance is £50,000. Additional deposits may be made, unless the account has been withdrawn, subject to the maximum balance.
Opening an account Individuals aged at least 16 and under 24 can open this account on their own behalf. A corporate body or an unincorporated body may not open an account, and an individual cannot open an account as trustee for such organisations.
Withdrawals and closures Withdrawals and closures are permitted without notice and subject to you signing a withdrawal slip. Withdrawals are normally paid by cheque, but up to £250 in cash per day can be paid from your account at a branch. If making a withdrawal by post, you must send us your passbook.
Interest Interest is variable, is calculated on a daily basis and is credited to your account after close of business on 30 June and 31 December each year.
Cooling-off period Occasionally, you may change your mind after you have opened an account. For details on the 14-day cooling-off period, see your Investment Handbook.
LINK Card A LINK card can be issued with this account and will let you withdraw money from LINK cash machines. Terms and Conditions apply to the use of your LINK card, which are available on request and which you will be bound by when using your card.
Other important information Dunfermline Building Society is a trading division of Nationwide Building Society which is authorised and regulated by the Financial Services Authority under registration number 106078. Credit facilities other than regulated mortgages are not regulated by the Financial Services Authority.
Head Office: Nationwide House, Pipers Way, Swindon, Wiltshire SN38 1NW.
We also have telephone-operated accounts – call Dunfermline Direct on 0845 345 04 09 for further details.
Interest rates correct at 30.04.10